Credit Unions Near Me
National Credit Union Service Organization

NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION

Dec, 31, 2023 — NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NEWPORT, VT with 0 branch location and about $5.74 million in total assets. Opened 55 years ago in 1969, NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION has about 1,114 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION
Address:
(Main Office)
189 E Main St Ste C
NEWPORT, VT 05855-5562
Phone:(802) 334-1844
Fax:
Website:https://nshcu.virtualcu.net
Branches:0 branch locations
Members:1,114
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64462
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$5,740,521
CEO/Manager:Linn D Elko
Chairperson:Mary P Clark

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,640,502
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,330,900
 Other Loans 1,715,624
 TOTAL LOANS 3,046,524
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,540
 Land And Building 0
 Other Fixed Assets 10,027
 NCUSIF Deposit 51,378
 All Other Assets 0
  TOTAL ASSETS 5,740,521
LIABILITIES & CAPITAL:  
 Dividends Payable 4,483
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 23,766
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 342,498
 Regular shares 4,409,450
 All Other Shares & Deposits 407,063
  TOTAL SHARES & DEPOSITS 5,159,011
  TOTAL LIABILITIES 5,187,260
 Regular Reserve 0
 Other Reserves 127,928
 Undivided Earnings 425,333
  TOTAL EQUITY 553,261
  TOTAL LIABILITIES, SHARES, & EQUITY 5,740,521
INCOME & EXPENSE  
 Loan Income 199,544
 Investment Income 30,343
 Other Income 34,663
 Total Employee Compensation & Benefits 129,045
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 121,433
 Non-operating Income & (Expense) 1,775
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 14,645
 Cost of Funds 12,063
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,861
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